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Jul 20, 2011
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let's first talk about rupert murdoch and what he had to say. yesterday he said it was the most humble day of his life. it seems overnight he's written to news corp. staff explaining the situation to them as well. >> reporter: he did. he wrote a letter to staff basically explaining what he said yesterday at the hearing and also making it clear that he was appalled at these phone hacking allegations. one of the things he said in the letter was he has imbued the corporation with an audacious spirit, but this sort of behavior should not be tolerated. he also laid out some of the steps the company is taking to address the issue including setting up an independent standards and management committee. one of the things he also said was that he was sorry for the hurt that was caused, and we have taken responsibility. that's what it says in the letter to employees. of course, one of the things that he said in his hearing yesterday was very -- put very bluntly to him by mp tom watson who asked him if he took ultimate responsibility for this whole fiasco.
let's first talk about rupert murdoch and what he had to say. yesterday he said it was the most humble day of his life. it seems overnight he's written to news corp. staff explaining the situation to them as well. >> reporter: he did. he wrote a letter to staff basically explaining what he said yesterday at the hearing and also making it clear that he was appalled at these phone hacking allegations. one of the things he said in the letter was he has imbued the corporation with an...
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Jul 13, 2011
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on the other side of the atlantic, murdoch's news corporation is under scrutiny as well. u.s. senator john rockefeller has called for an investigation to find out if the media group has broken any american laws. he has raised concerns that 9/11 victims and other americans may have been targeted by british tabloid phone hackers. nina? >> pauline, of course, the phone hacking scandal has rocked investors confidence and faith in news corporation itself. this is a media group that has lost almost $7 billion in its market capitalization over just the last five trading sessions as these allegations have emerged hour after hour and day after day. on tuesday, rupert murdoch himself, his company announced a plan to buy back an extra $3.2 billion in its own shares, bringing its buyback to a total of $5 billion which is a huge amount, pauline. then again, it's also a huge amount, the money being taken off the stock price of news corp and also bskyb, the british broadcaster whose remaining stake it's trying to buy as well. >> analysts see this buyback as a way for news corp to give its sh
on the other side of the atlantic, murdoch's news corporation is under scrutiny as well. u.s. senator john rockefeller has called for an investigation to find out if the media group has broken any american laws. he has raised concerns that 9/11 victims and other americans may have been targeted by british tabloid phone hackers. nina? >> pauline, of course, the phone hacking scandal has rocked investors confidence and faith in news corporation itself. this is a media group that has lost...
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Jul 18, 2011
07/11
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shareholder of the murdoch-controlled company fell sharply as the fallout continues from the phone-hacking scandal that has shut down the "news of the world" tabloid. the controversy has reached the highest levels of the london police force. this is the metropolitan commissioner. he resigned on sunday with his ties with neil wallace who was arrested last week. stevenson insists that he's done nothing wrong. >> as commissioner, i carry umt mat responsibility. with hindsight i wish we had -- i didn't and that's that. i do believe, though, that on its own, this would not be a matter that comes to my position as commissioner, however, the issue of my integrity is different. let me state clearly i and the people who know me know that my integrity is completely intact. i may wish we had done something differently but i will not lose any sleep over my personal integrity. >> well, in his resignation announcement, stephenson also drew attention. the editor of the guardian newspaper explains. >> there is an interesting paragraph in his statement where he seems to lob a hand grenade on number 10 down
shareholder of the murdoch-controlled company fell sharply as the fallout continues from the phone-hacking scandal that has shut down the "news of the world" tabloid. the controversy has reached the highest levels of the london police force. this is the metropolitan commissioner. he resigned on sunday with his ties with neil wallace who was arrested last week. stevenson insists that he's done nothing wrong. >> as commissioner, i carry umt mat responsibility. with hindsight i...
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Jul 14, 2011
07/11
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rupert murdoch withdrew the bid for bskyb on wednesday. that was amid the scandal at newscorp international. it must have been a tough one for him. >> reporter: oh, yeah, completely. we were all told he was desperate to get his hands on the remaining shares, 60% of sky that he didn't own. and it will be a bitter climbdown for him. one he was facing the reality that in the political climate that was developing where all the main parties were opposed to that takeover going ahead. it was just kind of unrealistic for them to pursue that right now. not saying perhaps they don't come back and have another go at it in six month's time. in terms of what will happen today, there's momentous developments today as well. right now is the deadline, we're told, fora bekaa brooks, the embattle embattled chief international to respond before a committee of politicians on wednesday. we're told 9:20 is the latest she could respond. after that who knows what will happen after that. theoretically she could be forced to attend by the sergeant at arms' office w
rupert murdoch withdrew the bid for bskyb on wednesday. that was amid the scandal at newscorp international. it must have been a tough one for him. >> reporter: oh, yeah, completely. we were all told he was desperate to get his hands on the remaining shares, 60% of sky that he didn't own. and it will be a bitter climbdown for him. one he was facing the reality that in the political climate that was developing where all the main parties were opposed to that takeover going ahead. it was...
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Jul 7, 2011
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james murdoch is the chairman. it is clear now that he personally, without board approval, authorized money to be paid by his company to silence people who had been hacked. and to cover-up criminal behavior in his organization. this is nothing short of an attempt to pervert the course of justice. >> reporter: murdoch's news international denies any cover-up. and in a statement, it says, it welcomes the call for a public inquiry. the atmosphere down here at westminster can only be described as febrile. rebecca brooks remains in her post. but her friendships with the likes of tony blair and david cameron is on the real strain, as the true scale of phone hacking becomes apparent. dan rivers, cnn, london. >> as we said, advertisers are trying to distance themselves now from the scandal. let's look a few of the names. ford was the first company to announce it was suspending advertising in the paper and taking its business elsewhere. that opened the floodgates. and many more companies have followed suit. virgin holidays
james murdoch is the chairman. it is clear now that he personally, without board approval, authorized money to be paid by his company to silence people who had been hacked. and to cover-up criminal behavior in his organization. this is nothing short of an attempt to pervert the course of justice. >> reporter: murdoch's news international denies any cover-up. and in a statement, it says, it welcomes the call for a public inquiry. the atmosphere down here at westminster can only be...
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Jul 22, 2011
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murdoch is standing by it. a statement from news corp says james murdoch stands by his testimony to the select committee. >>> it seems that it may spread to the u.s. operations. nbc news is reporting that the u.s. justice department is investigating allegations that news corp has been hacking into the computers. the case ended when news corp bought the rival's assets for almost $13 million and now australia years regulators. news corp is a part owner of fox tell. they say the decision has nothing to do with the hacking scandal in brittain. >> and while we're on the subject of resignations. britain's prince andrew stepping down at the britain's special representative for international trade. he's been acting as official envoy for more than ten years and during that time he's been facing blistering criticism. he announced the news in his annual review. he said, quote, i have decided that the label i gave myself when i began this role as speshlg representative has served its purpose and is no longer necessary to t
murdoch is standing by it. a statement from news corp says james murdoch stands by his testimony to the select committee. >>> it seems that it may spread to the u.s. operations. nbc news is reporting that the u.s. justice department is investigating allegations that news corp has been hacking into the computers. the case ended when news corp bought the rival's assets for almost $13 million and now australia years regulators. news corp is a part owner of fox tell. they say the decision...
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Jul 11, 2011
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meanwhile murdoch's takeover of b sky b is in the spotlight with calls for the deal to be stopped. but according to today's independent newspaper, the payment may be, quote, dead in the water. pauline. >> charles, as you might expect, many of the 200 or so former "news of the world" employees are less than impressed with the way they've been treat bud they did get the last laugh when the paper came out. it had several parting shots presumably aim at their bosses and this happened in the crossword puzzle. readers were treated to clues such as criminal enterprise and string of recordings as well as woman stairs wildly at calamity which seems to be thinly vailed at their boss, former ed kerr, rebecca brooks. it includes disaster, menace, deplo deplored, and bracket. the ironic part about this is the "news of the world" bosses apparently did anticipate the staff loosing the paper might pull something of the stunt using the pages in the paper so they called in some senior editorial figures from its sister paper "the sun," but apparently they just don't do the crossword puzzle. >> it wou
meanwhile murdoch's takeover of b sky b is in the spotlight with calls for the deal to be stopped. but according to today's independent newspaper, the payment may be, quote, dead in the water. pauline. >> charles, as you might expect, many of the 200 or so former "news of the world" employees are less than impressed with the way they've been treat bud they did get the last laugh when the paper came out. it had several parting shots presumably aim at their bosses and this...
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Jul 6, 2011
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all of this comes as murdoch's own news corporation aims to take over british sky broadcasting. discussions on that have been going on for months. there's also been widespread opposition to that planned takeover. and just yesterday reacting to fresh allegations, the former deputy prime minister lord prescott began calling for the takeover to be blocked. john prescott himself is one of many politicians to have his phone hacked alongside numerous celebrities, stars and aides to the british royal family. as dan rivers reports, even though phone hacking revelations are nothing new, it dates back further than many realized. >> the murder of the 13-year-old schoolgirl milly doward in 2002 appalled britain. last month her killer, lev levi belfield was finally convicted. this is now come up with another inquiry, phone hacking. the scandal relates to the illegal tabloid practice of accessing cell phone messages left for celebrities in order to get stories. now it seems milly dowler's phone was also hacked after she had gone missing. journalists deleted messages from concerned friends and
all of this comes as murdoch's own news corporation aims to take over british sky broadcasting. discussions on that have been going on for months. there's also been widespread opposition to that planned takeover. and just yesterday reacting to fresh allegations, the former deputy prime minister lord prescott began calling for the takeover to be blocked. john prescott himself is one of many politicians to have his phone hacked alongside numerous celebrities, stars and aides to the british royal...